LG-Caltex outage boosts Asian aromatics prices

摘要

The shotdown of LG-Caltex Oil's refinery on 19 July following labour problems gave fresh impetus to Asian aromatics spot prices.Bullish sellers raised offers for benzene,mixed xylenes (MX) and paraxylene (PX) immediately after hearing that the South Korea aromatics major had shut down its refinery,its 680 000 tonne/year benzene unit,and three PX plants with a total capacity of 1.2m tonne/year.